Shares in William Hill owner Evoke rose on Friday after the gambling group lifted profit guidance, following a second consecutive quarter of revenue growth.
Group revenues were up 13 to 14 per cent on a constant currency basis during the three months to 31 December, Evoke said, as online sales rocketed by 18 to 19 per cent and the bookie cashed-in on ‘operator friendly’ sports results.
Evoke, which also owns the 888 and Mr Green brands, is undergoing a major strategy shake up that sees the group re-focus its energies on core markets, and reduce costs by investing in AI and automation.
Boss Per Widerström told shareholders the ‘significantly improved underlying momentum in the business gives me real confidence’ that Evoke’s ‘turnaround is working and we are well positioned to continue our growth trend into 2025’.
